Lithium Bank

Even though I am positive that Occidental will end up buying some of these projects (Pure Lithium partner), regardless, Lithium Bank is a huge success all in it's own right.
https://cdn.prod.website-files.com/659bb4279842c79d410c6dca/667c6cd6d68fdc6a9cb5a7b5_LBNK-Presentation-26.06.2024.pdf
https://www.lithiumbank.ca/news/lithiumbank-announces-largest-known-lithium-brine-resources-in-north-america-and-highest-resource-grade-in-alberta

LithiumBank Announces Largest Known Lithium-Brine Resources in North America and Highest Resource Grade in Alberta

Calgary, Alberta--(Newsfile Corp. - June 24, 2024) - LithiumBank Resources Corp. (TSXV: LBNK) (OTCQX: LBNKF) ("LithiumBank'' or the "Company") is pleased to announce the initial National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") lithium-brine mineral resource estimates of 10,078,000 tonnes of inferred Lithium Carbonate Equivalent ("LCE") at a grade of 79.4 mg/L lithium within the Leduc Formation ("Fm") aquifer, and 11,603,000 tonnes inferred LCE at 80.9 mg/L lithium within the Swan Hills Fm aquifer underlying its 100% owned Park Place lithium brine project ("Park Place") located in west-central Alberta. The initial mineral resource estimate assessments were prepared by global technology company SLB (NYSE: SLB) using 3D static modelling mining workflows. These assessments were then used to determine the resource estimates and reviewed and validated by a Qualified Person as defined by National Instrument 43-101 of Canada. The total inferred mineral resource for the Park Place project is 21,681,000 tonnes LCE between the two formations contained within the license boundaries with a combined average grade of 80.2 mg/L lithium. The Company anticipates filing a NI 43-101-compliant technical report in respect of Park Place on SEDAR+ within 45 days of this announcement.

"LithiumBank spent the past five-years consolidating Park Place brine hosted mineral licenses. This work has now culminated in 100% ownership of the largest LCE inferred mineral resource in North America and with the highest recorded lithium grade in Alberta. This is a remarkable achievement for the Company. The Park Place resource puts LithiumBank's collective lithium brine resources inventory for the Company's Alberta projects at 27.78 million tonnes LCE. This presents district scale potential opportunity for Canada to become a major supplier of lithium in North America," commented LithiumBank CEO, Rob Shewchuk. "The Company will now focus on additional brine sample assaying, completing lithium extraction test work, and initiate a Preliminary Economic Assessment ("PEA") for Park Place. We believe this can be expeditiously achieved as we can make use of our knowledge gained from our Boardwalk PEA, effectively dated February 22, 2024, located approximately 50 km to the north, in which the Leduc Formation brine is similar in chemistry, depth of resource, porosity and permeability. Park Place brine will be chemically and metallurgically evaluated at the Company's, exclusively licensed, 10,000 L/day Direct Lithium Extraction ("DLE") pilot plant in Calgary following a bulk brine sampling program in H2 2024."

So far, there are 27.78 million tons LCE with even more room for expansion. This makes the Salton Sea Lithium content look puny in comparison. Even at current lithium prices of $12,900/ton, the value of the known Lithium held by Lithium Bank is 27,780,000 tons x $12,900.00/ton = $358,362,000,000
That is 358 BILLION,362 MILLION DOLLARS
CleanTeq has proven, thus far, to be able to remove 98% of all the lithium in those brines.

https://www.lithiumbank.ca/news/lithiumbank-announces-intellectual-property-license-agreement-with-g2l-greenview-resources-inc-for-direct-lithium-extraction-technology-pilot-plant-testing-and-commercialization

LithiumBank Announces Intellectual Property License Agreement with G2L Greenview Resources Inc. for Direct Lithium Extraction Technology, Pilot Plant Testing and Commercialization

Exclusive Access to One of the Largest DLE Pilot Plants in North America

Updated Boardwalk PEA for Q4 2023

CALGARY, Alberta, Sept. 11, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (“LithiumBank'' or the “Company”) is pleased to announce it has entered into an intellectual property license agreement on September 8^th 2023 (the “Agreement”) with G2L Greenview Resources Inc. (“G2L”), a subsidiary of Go2Lithium Inc., whereby G2L shall grant to the Company a license (the “License”) in Alberta and Saskatchewan for a full suite of continuous ion exchange technologies (the “Licensed Technology”). The Direct Lithium Extraction (“DLE”) technology will be used to extract lithium salts from enriched brines present at the Company’s lithium development projects.

Highlights

• Preliminary testing indicates that the Licensed Technology can reduce operating costs of the Boardwalk DLE circuit by increasing lithium recovery and selectivity, reducing reagent costs, and improving the lithium concentrate.
• G2L will ship their pilot plant with nameplate throughput capacity of 8,000 to 10,000 litres/day to Alberta in October 2023 to assess the scalability of the Licensed Technology under operating conditions.
• The License will be exclusive to LithiumBank in Alberta and Saskatchewan, provided that G2L may license the Licensed Technology to a third party (a) for any purpose other than the extraction of lithium salts from aqueous sources, or (b) if such third party’s primary business generates more than 50% of its revenue from hydrocarbon sales.
• Subject to certain conditions, the License may be further sub-licensed by the Company to an acquirer of any of the Company’s currently held properties in Alberta or Saskatchewan.
• An updated Boardwalk Preliminary Economic Assessment (“PEA”) that will include test work using the technology is expected to be released in late Q4 2023.
• In consideration for the License, LithiumBank will issue up to 14,000,000 common shares to G2L upon satisfaction of certain milestones with 7,000,000 of such common shares to be issued by the time of the successful completion of the pilot.

So Go2Lithium will receive 14,000,000 shares if all goes well. That means that CleanTeq will receive 7 million of those shares. So, if all goes according to plan, CleanTeq Water will have $358,362,000,000/total shares 62,880,523= 5,699.09381956 dollars per share x 7,000,000 shares= $39,893,656,736.92
Let's round that to $40 Billion in equity for Clean Teq Water, Limited's share of the pie overall so far (assuming everything goes according to plan).


Lithium Prices Fall to 35-Month Low Amid Surging EV Sales
https://carboncredits.com/lithium-prices-plunge-to-35-month-low-amid-surging-ev-sales-june-2024/